Answer:
Here in this question, I have used tables to show you more clearly. So please refer to the attachment 1.
Explanation:
Please refer to the attachment 1.
Weighted Moving Average = ∑Quantity*Weights/ ∑weights
Forecast for Oct: (350*0.5 + 290*0.25 + 365*0.25)/ 0.5 + 0.25 + 0.25 = 338.75 0r 339
Forecast for Nov: (339*0.5 + 350*0.25 + 290*0.25)/ 0.5 + 0.25 + 0.25 = 329.5 0r 330
Forecast for Dec: (330*0.5 + 339*0.25 + 350*0.25)/ 0.5 + 0.25 + 0.25 = 337.25 0r 337
Answer:
$144,940
Explanation:
machine costing = $133,000
freight charges = $3,300
special mounting and wiring connections costing = $11,300
Discount rate = 2%
Compute the machine cost as given below:
Machine cost:
= Purchase price × (1 - Discount rate) + Freight charges + Special mounting and wiring connection cost
= 133,000 × (1 - 2%) + $3,300 + $11,300
= $144,940
Answer:
The correct answer is option a.
Explanation:
If foreigners find US goods and services more desirable, they will demand more of these goods and services. The price level will increase. The domestic firms will start producing more to earn higher revenue and profits. The output level will increase.
To offset this increase in output the government will decrease money supply in the economy. To do so the government can adopt several measures. Government can adopt contractionary monetary or fiscal policy. Government can reduce money supply by reducing purchases.
Answer:
The answer is: B) Neither Jeff nor Robert has any recognized gain or loss.
Explanation:
Both Jeff and Robert are contributing different assets to form KS Ventures Corporation. Jeff will transfer property at its fair market value ($90,000) and Robert will also transfer property at fair market value ($70,000) plus $20,000 in cash to equal Jeff's contribution. They haven't gained or lost anything, each still has 50% of stock ($90,000) of KS Ventures Corporation.
Answer and Explanation:
The Journal entry is shown below:-
Bonds payable Dr, $1,800,000
(1,800 × $1,000)
To Discount on bonds payable $30,000
To Common stock $720,000
(1,800 × 40 × $10)
To Paid-in-capital in excess of par $1,050,000
(Being conversion of bond into common stock is recorded)
Therefore for recording the conversion using the book value approach we simply debited the bonds payable and credited the discount on bonds payable, common stock and paid-in-capital in excess of par.